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Revised Regulatory Framework for IDF-NBFCs: RBI Circular

August 18, 2023 1773 Views 0 comment Print

Get insights into updated regulatory framework for Infrastructure Debt Fund-NBFCs (IDF-NBFCs) as per RBI’s circular issued on August 18, 2023.

CBDT Amends Income Tax Rules for Valuation of Accommodation Perquisite

August 18, 2023 17067 Views 1 comment Print

CBDT has modified Income Tax Rules, 1962, to determine the value of perquisite for residential accommodation provided by employers.

Reset of Floating Interest Rate on EMI based Personal Loans

August 18, 2023 3768 Views 1 comment Print

We are writing to bring to your attention the recent update from the Reserve Bank of India (RBI) regarding the reset of floating interest rates on Equated Monthly Installments (EMI) based personal loans. This directive, outlined in RBI Circular no. RBI/2023-24/55 dated August 18, 2023, pertains to all Scheduled Commercial Banks, Regional Rural Banks, Primary […]

RBI Guidelines on Fair Lending Practices for Penal Charges in Loan Accounts

August 18, 2023 7269 Views 0 comment Print

RBI issues guidelines to ensure transparency in penal charges on loans, with clear disclosure and reason, effective from January 1, 2024. Details and impact analyzed.

Integrated Goods And Services Tax (Amendment) Act, 2023

August 18, 2023 4518 Views 0 comment Print

Explore crucial changes introduced by IGST (Amendment) Act, 2023. Learn about alterations in definitions, place of supply, and the new provision for online money gaming suppliers

Central Goods And Services Tax (Amendment) Act, 2023

August 18, 2023 6660 Views 0 comment Print

Discover significant changes introduced by Central Goods and Services Tax (Amendment) Act, 2023. Learn about new definitions, provisions related to online gaming and money gaming, specified actionable claims, and more.

New Rule for TDS on Foreign Currency Income: Exchange Rates

August 17, 2023 23601 Views 1 comment Print

Ministry of Finance introduces new rule for TDS on foreign currency income, specifying exchange rates for tax calculation. Learn about changes.

Consumer Protection (Consumer Disputes Redressal Commission) (Amendment) Rules, 2023

August 17, 2023 1536 Views 0 comment Print

Ministry of Consumer Affairs amends Consumer Disputes Redressal Commission Rules, 2020, introducing a revised fee structure based on value of goods or services paid.

SEBI (Facilitation of Grievance Redressal Mechanism) (Amendment) Regulations, 2023

August 16, 2023 2364 Views 0 comment Print

Get insights into the Securities and Exchange Board of India (SEBI) notification on grievance redressal mechanism amendments in various regulations.

SEBI (Infrastructure Investment Trusts) (Second Amendment) Regulations, 2023

August 16, 2023 2391 Views 0 comment Print

SEBI has made amendments to Infrastructure Investment Trusts (InvITs) Regulations 2014. Learn about changes in this notification and their implications.

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